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Australia stocks higher at close of trade; S&P/ASX 200 up 0.99%

Published 02/10/2017, 12:30 AM
Updated 02/10/2017, 12:30 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 0.99%

Investing.com – Australia stocks were higher after the close on Friday, as gains in the IT, Utilities and Consumer Discretionary sectors led shares higher.

At the close in Australia, the S&P/ASX 200 added 0.99%.

The best performers of the session on the S&P/ASX 200 were Aconex Ltd (AX:ACX), which rose 7.90% or 0.260 points to trade at 3.550 at the close. Meanwhile, News Corp B (AX:NWS) added 6.65% or 1.090 points to end at 17.490 and Bluescope Steel Ltd (AX:BSL) was up 6.25% or 0.690 points to 11.730 in late trade.

The worst performers of the session were Newcrest Mining Ltd (AX:NCM), which fell 3.22% or 0.750 points to trade at 22.530 at the close. Saracen Mineral Holdings Ltd (AX:SAR) declined 2.79% or 0.035 points to end at 1.220 and Henderson Group PLC (AX:HGG) was down 2.78% or 0.100 points to 3.500.

Rising stocks outnumbered declining ones on the Australia Stock Exchange by 673 to 428 and 317 ended unchanged.

Shares in Bluescope Steel Ltd (AX:BSL) rose to 5-year highs; rising 6.25% or 0.690 to 11.730.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.17% to 11.685 a new 1-month low.

Gold Futures for April delivery was down 0.93% or 11.55 to $1225.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.06% or 0.03 to hit $53.03 a barrel, while the April Brent oil contract rose 0.02% or 0.01 to trade at $55.64 a barrel.

AUD/USD was up 0.20% to 0.7639, while AUD/JPY rose 0.58% to 86.84.

The US Dollar Index Futures was up 0.03% at 100.69.

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